Keith Wyness has condemned the “ham-fisted” modification to Premier League financial rules that could affect Everton and Nottingham Forest.
Speaking on the latest episode of Football Insider’s Inside Track podcast, the 66-year-old, who was CEO at Goodison Park from 2004 to 2009 and now runs a football consultancy advising elite clubs, claimed that other clubs “won’t be punished for something Everton and Nottingham Forest have been nailed for”.
Premier League teams decided on Monday (March 11) to implement new financial laws that will limit spending on wages and transfer fees to a proportion of a club’s total revenue, which is expected to be about 85%.
The reform would replace the current Profitability and Sustainability Rules (PSR), which previously allowed teams to lose only £105 million over three years.
‘It doesn’t seem fair’, says Wyness on Nottingham Forest rule change.
Everton has already received a six-point deduction for violating PSR regulations, and the Merseyside club was charged, along with Nottingham Forest, for a separate violation earlier this year.
Wyness claimed that other clubs may be spared penalties if the rules are “ripped up”.
He said on Football Insider’s Insider Track podcast, “It’s quite aggravating.
“If any other clubs are poised to exceed the barrier in their three-year term, those rules will be pulled up.
“The criteria used to appraise Everton and Nottingham Forest are no longer applicable to other clubs.
“It just seems like a terribly ham-fisted way to handle this. It doesn’t appear fair.
“These ceilings have been moved upwards, and other clubs won’t be punished for something Everton and Forest have been nailed for.”